Blog Archives

Economic ‘Doom Loops’ Get Harder to Avoid in 2020s

The world’s advanced economies are trying to keep their balance on an unstable platform of high consumption, asset prices and household debt as we enter the 2020s. Any significant shock or increase in volatility could trigger “doom loops” that compromise the economic and financial systems.  — Read on finance.yahoo.com/news/economic-doom-loops-harder-avoid-000035999.html

The World Now Has $13 Trillion of Debt With Below-Zero Yields

The investment world has truly gone mad when it prefers to put money into negative yielding bonds rather than just stuff it under the mattress for a guaranteed zero percent return. This is an ominous sign for the global economy. (Bloomberg) — The universe of negative-yielding bonds grew about $1.2 trillion this week after dovish […]

Regime Change For the Fed — Honest Rates

James Grant was one of three recipients of the 2019 Bradley Prize. Roger Kimball and Judge Janice Rogers Brown were likewise honored. At the May 7 award ceremonies at Washington, the famed editor of Grant’s Interest Rate Observer had this to say: * — Read on www.nysun.com/national/regime-change-for-the-fed-and-honest-rates/90694/

What Happened to America’s Middle-class?

Alissa Quart, author of the new book, Squeezed: Why Our Families Can’t Afford America, suggests that America’s middle class is being wiped out by a cost of living that far outpaces salary increases.   A couple earning nearly $140,000 can’t make ends meet without taking after hours jobs? Tiny starter houses cost $680,000 and up? Highly educated […]

Negative Debt Pile Swells By $1 Trillion as Trade Clouds Gather

Bond investors are looking pretty pessimistic on growth. As the U.S. and China move closer to a trade war and the European Central Bank prolongs stimulative rates, traders are piling into the safety of government debt and enlarging the stock of bonds with below-zero yields. In just six days through — Read on finance.yahoo.com/news/negative-debt-pile-swells-1-121743703.html